TAJGVK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Taj Gvk Hotels & Resorts Ltd reported strong FY26 results with standalone revenue of Rs.47,409 lakhs (up 5.4% YoY) and consolidated revenue of Rs.50,845 lakhs. Standalone PAT grew 23% to Rs.11,606 lakhs, while consolidated PAT jumped to Rs.41,027 lakhs due to an exceptional gain of Rs.28,264 lakhs from fair value appreciation on acquiring controlling stake in Greenwoods Palaces and Resorts Private Limited. The Board recommended a dividend of Rs.2 per share (100% payout on Rs.2 face value), same as previous year, subject to shareholder approval at the ensuing AGM. The company increased its stake in Greenwoods from 48.99% to 51% in February 2026, making it a subsidiary.
The maintained dividend payout signals financial stability and cash generation capacity. The stock may see positive reaction given revenue growth and the strategic acquisition of the Taj Santacruz hotel property, though the exceptional gain inflates the PAT figure.